Siemens Mobility has announced that it intends to acquire Aldridge Traffic Controllers (ATC), a provider of urban traffic controls in Australia.

Based in Sydney, ATC is a licensed distributor of traffic management software, called Sydney Coordinated Adaptive Traffic System (SCATS), to customers across the globe.

The SCATS system is owned by Transport for New South Wales, Australia.

SCATS is currently used for one-third of adaptive traffic control systems and has been installed across nearly 190 cities around the world, with 80% of the installations located in the APAC region.

ATC manufactures SCATS-compliant traffic signal controllers and also offers services such as traffic signal design, traffic engineering, traffic management consulting and training.

Siemens Mobility has already initiated the proceedings for this acquisition, which is subject to approval by the regulatory authorities.

By acquiring ATC, Siemens Mobility aims to strengthen its core business of traffic management and enhance its presence in the APAC market, which is said to be one of the fastest-growing markets for traffic management.

In addition, the deal will enable SCATS customers to access Siemens Mobility’s broad intelligent traffic systems (ITS) product and solution portfolio.

Siemens Mobility Intelligent Traffic Systems CEO Markus Schlitt said: “We believe this strategic acquisition will greatly enhance our ability to offer innovative, comprehensive and adaptive traffic management solutions.

“This important association will allow us access to a worldwide base of installed traffic controllers and will position Siemens Mobility to become an established ITS player in the fast-growing APAC region, further increasing our market share for adaptive traffic management systems.”

Following the completion of the deal, ATC will be operating as an independent firm under the Siemens Mobility’s ITS business unit.